Economics Matters by Laurence Kotlikoff Podcast The IRMAA Tax -- Hidden, Nasty, Retroactive. Everything You Need to Do from the Creators of IRMAA Certified Planner 2 6 1 1× 0:00 Current time: 0:00 / Total time: -42:52 -42:52 Audio playback is not supported on your browser. Please upgrade. The IRMAA Tax -- Hidden, Nasty, Retroactive. Everything You Need to Do from the Creators of IRMAA Certified Planner Larry Kotlikoff Nov 16, 2023 2 6 1 Share Economics Matters -- the Podcast wants you to know all the dirty little secrets of IRMAA, Medicare Part B Premium, which is simply a tax by another name. IRMAA refers to Medicare Income-Related Monthly Adjustment Amount. It's a nasty tax that is assessed when you join Medicare Part B or Medicare Part C. It's based on a special measure of Modified Adjusted Gross Income two years back in time. It will cost you anywhere from almost $2K per year to almost $7K. There are ways to limit your IRMAA tax and my guests, Mark Annese and Dan McGrath, are the experts with all the secrets. They have a built a IRMAA certificate program for planners with specialized software that can be used to reduce your IRMAA payments. Here's descriptions of their program and of Mark and Dan. IRMAACP is the first certification to assist professionals, from CPAs to Financial Advisors to Attorneys, in navigating and planning for Medicare’s IRMAA. With education on advanced planning, impacts on retirement plans, and training on appellate scenarios for clients, IRMAA Certified Planner is transforming how financial professionals conduct business and increase service value. In conjunction with Healthcare Retirement Planner, we have create the industries first and only complete solution for educating financial professionals and individuals on this topic. We have also created the solution to help project and mitigate these issues within individuals retirement plans. Dan McGrath Dan McGrath is one of the nation’s leading authorities on how the costs associated to health care are impacting investors’ retirement and Social Security benefits. He is the best-selling retirement planning author of “What you don’t know about retirement will hurt you,” as well as authoring on an annual basis, “A Guide to Understanding Medicare.” Currently he is one of the Co-Founders of IRMAA Certified Planner whose main responsibility is creating and designing the content of its IRMAA certification. Mark Annese Mark Has been working within the Medicare and IRMAA space for the past 8 years. He is the architect of the leading Social Security and Medicare IRMAA software. He is also the Co-Founder of IRMAA Certified Planner and Healthcare Retirement Planner. Subscribe Check Out MaxiFi Planner Avoid A Social Security Nightmare Economic Matters - The podcast is hosted by Laurence Kotlikoff and moderated by Alex Kotlikoff. Laurence Kotlikoff is a Boston University Economist, a NY Times Best Selling Author , President of maxifi.com , and Author of Money Magic . Stay Connected: Facebook , Twitter , LinkedIn Apple Podcasts Google Podcasts Spotify iHeart Amazon Music Discussion about this episode Comments Restacks Economics Matters by Laurence Kotlikoff Podcast Economics can make a massive difference - collectively and personally. Listen in as we chat with some of the most influential leaders in economics across the globe. Economics can make a massive difference - collectively and personally. Listen in as we chat with some of the most influential leaders in economics across the globe. Subscribe Listen on Substack App RSS Feed Appears in episode Larry Kotlikoff Recent Episodes Naill Ferguson, the Preeminent Economic Historian, Talks Geopolitics -- Yesterday's, Today's, and Tomorrow's Aug 10 • Larry Kotlikoff Jack Schibli of Lane Generational Explains Why the Stock Market Runs Largely on Autopilot and the Equity-Investing Danger this Presents Aug 2 • Larry Kotlikoff The Brilliant and Captivating Justin Wolfers Talks Economics and the Economy Jul 31 • Larry Kotlikoff Economics Matter's First Substack Live! Talking Social Security's Extreme Insolvency with Pam Krueger, Founder and CEO of Wealthramp, and… Jul 29 • Larry Kotlikoff Brilliant Investing Requires Thinking and Looking Outside the Box -- Steve Laffey Is an Extraordinary Investor. This is a Podcast You Can't… Jul 23 Economist John Goodman, Father of HSAs and One of America's Most Influential Policymakers, Talks US Healthcare Reform Jul 16 • Larry Kotlikoff Bruce Mehlman Joins Economics Matters to Discuss the Long-Term Economic Impact of the War in Iran, Geopolitics, Economic History, and His… Jul 2 • Larry Kotlikoff Sebastian Mallaby Returns to Discuss AI and his Latest Bestseller: The Infinity Machine. Jun 25 • Larry Kotlikoff